Why a London based fintech chose to grow in Scotland

written by Mickael Parispublished on November 9, 2017

David Brown, Co-founder & Chief Product Officer at Previse, spoke to us about the reasons behind the company's expansion in Scotland.

It was first and foremost a very early meeting with the Datalabs that triggered the interest of the senior management team.
With a highly skilled workforce and a huge amount of new talents fresh out of world class universities, Scotland appeared to be the ideal place for Previse to locate, develop and recruit talent in data science with an ambition to use artificial intelligence technology to fix global trade finance.

Previse are still growing their presence in Scotland helped by Scottish Enterprise who awarded them a significant grant in order to support the company's hiring strategy.

Clockwise, the co-working space in Glasgow, currently hosts the first Scottish recruits. Datalabs are still heavily involved as their R&D partner.
Previse is also working with the leading Scottish universities to disrupt trade finance by bringing data together with artificial intelligence.

David added that the required skills were "in short supply, but, by investing in developing these talents, Scotland can become a destination of choice and lead the way in providing high quality and high paying jobs in this sector.”